49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) - Wal-Mart Stores Inc.'s renewed focus on low prices amid a slowing US economy may have revived sales at the world's largest retailer.
Wal-Mart will probably say on February 19 that fourth-quarter sales at stores open at least a ...
DATE: Feb 18, 2008
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SAN FRANCISCO (Bloomberg) - Yahoo! Inc.'s secret weapon in its effort to squeeze a higher offer out of Microsoft Corp. resides overseas in Asia's surging Internet market.
Yahoo has investments worth $13.8 billion in Alibaba.com Corp., parent of China...
DATE: Feb 18, 2008
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Annuity and Life Re (Holdings), Ltd. has announced that the Connecticut Insurance Department has approved the sale of its subsidiary, Annuity & Life Reassurance, America, Inc.
The Bermuda-based company announced the sale on August 8, 2007. The consu...
DATE: Feb 18, 2008
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TORONTO (Reuters) - No quick turnaround is in sight for the shares of Canadian fund-management companies, which have been pounded in 2008 as sliding stock markets hurt assets under management and slowed mutual fund sales.
Canadians usually sock money...
DATE: Feb 18, 2008
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NEW YORK (Reuters) - The US dollar slid against most major currencies on Friday, and posted its worst weekly performance against the euro in 2008 to date, after US economic reports rekindled fears that the economy continues to slouch toward recession...
DATE: Feb 18, 2008
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BERLIN (Bloomberg) - Deutsche Post AG CEO Klaus Zumwinkel will quit after 18 years in charge of Europe's biggest postal service as prosecutors investigate him for tax evasion.
German authorities said yesterday they are probing Mr. Zumwinkel, 64, for ...
DATE: Feb 18, 2008
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NEW YORK (Bloomberg) - American International Group Inc. may jump almost 50 percent from a five-year low in New York trading because the world's largest insurer will probably recoup the $4.88 billion in losses it booked from credit-default swaps, Bar...
DATE: Feb 18, 2008
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SEATTLE (Reuters) - As the US mortgage crisis forces more properties into foreclosure, even renters are feeling the pain.
When a landlord cannot pay the mortgage, tenants can face eviction, financial loss and pressure tactics from new owners who want...
DATE: Feb 18, 2008
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NAIROBI, Kenya (Bloomberg) - Kenya's insurance industry expects to pay out 1.7 billion shillings ($222 million) to cover property claims after violence in about 20 towns and cities following elections last December.
Insurers have put aside 1.2 billio...
DATE: Feb 18, 2008
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SEATTLE (AP) - Several companies lost access to their own files when Amazon.com Inc.'s pay-as-you-go data storage system went down.
Amazon said computers that power its Simple Storage Service were unreachable at one of three data centers for about tw...
DATE: Feb 18, 2008
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